The Founder of Dell Is Selling $1.3 Billion Worth of Shares. Should Investors Be Getting Out, Too?

Investors may view executives who sell stock in their own firm as bearish. However, it can also be simply a way for the executive to diversify their portfolio, and we don't know why Mr. Dell sold shares. After the sale, he will still own about 47% of the firm's equity. The size of this investment shows he still believes in the firm. Dell Technologies' (DELL 0.03%) stock price has soared 80% so far in 2024. Recently, Michael Dell, the firm's founder and CEO, announced his plans to sell 10 million shares of D ...